Vinson & Elkins bulks up Middle East

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Latest Briefings

Sentencing Council publishes gross negligence manslaughter definitive sentencing guideline

The penalties imposed on individuals for fatal accidents in the workplace are set to increase after the Sentencing Council for England and Wales published its definitive sentencing guideline for gross negligence manslaughter. Walker Morris health and safety experts, Stuart Ponting and Robert Starr, consider the new guideline and the implications for employers and directors…

Energy Update – August 2018

This energy update includes the following white papers: CMA publishes final report on Heat Networks calling for new regulation The first National Infrastructure Assessment is published recommending growth in Green Energy NAO report on package recycling Update on Electric Vehicles Amendment Regulations 2018 – in force 24 July 2018 The Mayor of London’s Energy Efficiency […]

Will the revised NPPF lead to more affordable housing?

By Katherine Evans On 24 July 2018, the long-awaited revised NPPF was released. The omission of social rented homes from definition of affordable housing in Annex 2 of the draft revised NPPF has been addressed. Starter Homes are now included in the definition but secondary legislation is still required to set out financial eligibility for […]

Luxembourg publishes law on VAT grouping

As foreseen in our previous newsflash, the law on VAT grouping has officially been published, last Friday. The text – which provides for an entry into force on 31 July 2018 – modifies the general VAT Law. It now enables Luxembourg entities sharing financial, economic and organisational links to set up a VAT group, thus allowing them to […]

Reform of the Portuguese pricing and reimbursement system

By Edward J. Dougherty Following a recent reform in 2015, the Portuguese pricing and reimbursement system is sophisticated and comprehensive. Nevertheless, substantial discretion is allowed to the competent national authority, and this is the source of most challenges for innovators…

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No place to hide

The compression of the market brought on by the global credit crisis has left hedge funds feeling the squeeze. But with no quick fixes to hand, a period of consolidation at the end of what has been a boom period has to be the best option, argues One thing that has become clear over the […]

Thacher, sullivan win credit crisis gigs

New York firm Thacher Proffitt & Wood has won a leading role in relation to the collapse of US bank IndyMac, while ­Sullivan & Cromwell is advising US mortgage group Fannie Mae on its possible government bailout. Thacher Proffitt’s structured finance practice group chair Steve Kudenholdt is acting as legal counsel to the Federal Deposit […]

Thomas Eggar grows Southampton office

South East firm Thomas Eggar is moving six partners and 11 fee-earners to its new Southampton office from early ­September in a drive to focus on business development in the city. The group will practise in areas including commercial, ­dispute ­resolution and real estate. The lawyers will be ­accompanied by 13 ­support staff. Managing partner […]

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Eversheds freezes base salaries for associates

Eversheds has frozen associate base salaries in London and the regions as the firm fully enforces its new performance-related remuneration structure. The firm froze its newly-qualified (NQ) salaries at £62,000 in London, while those in the regions stay on £39,000. For lawyers with one year’s post qualification experience (PQE), the pay band sticks at between […]

Kirkland ramps up New York with Weil capture

Kirkland & Ellis has snared a restructuring partner from US rival Weil Gotshal & Manges to bulk up its New York restructuring capabilities. Christopher Marcus joins Kirkland as partner in New York. Marcus, who has advised on a number of high-profile restructurings including WorldCom in 2003, was made up in the firm’s latest round of […]

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